The amount of people who need to transfer anything more than 10k (let alone millions) per year is so tiny it's a laughable argument.

I said large amounts, but small amounts might even be a bigger problem...

About 1% by card with fraud prevention options forced. Spendable money directly into my account.

The sender doesn't have to buy Bitcoin first. They don't have to wire it to me. I don't have to turn it back into money (at God knows what rate). Coinbase looks like it would take 1.49%+$2.99 at each end for a large end-to-end.

And 1% is expensive. My bank charges a flat £25 for sending internationally. Many other banks and companies charge considerably less.

> Coinbase looks like it would take 1.49%+$2.99 at each end for a large end-to-end.

You should look into other cryptos.... bitcoin is not the one with least fees...

Rather than me "doing my own research", you could provide some indicative figures, like I did. It speeds up discussion.

But whoever you pick, if you have to buy it with a card, chances are you're going to pay that card processing fee and a withdrawal fee at the other end. However you look at it, it's three transactions instead of one.

I'm not sure which one has the least fees (which is why I didn't go into specifics).. and it probably changes often... (but Bitcoin isn't one of them).

Ideally, an app would pick the best one at the time of transaction?

Edit: and just today I had issues receiving a wire transfer from Canada, again, and it was less then $1k (because of my home address)

It's maybe not apples-to-apples, but it's an instructive comparison like comparing the energy consumption of a day of Zoom calls to a business flight.